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PE/VC funding in the first eight months has surpassed the previous record high yearly investment of 2018 and is expected to touch $50 billion this year.

FoF infuses Rs 700 crore in startup cos

Till November, SIDBI has committed '3,123.20 crore to 47 Sebi registered AIFs.

12 Dec 2019 1:28 AM IST

Shares of Yes Bank jumped 35 per cent before closing with gains of 24 per cent after the lender informed the exchanges that it has received a $1.2 billion binding offer (around Rs 8500 crore) from a global investor. The bank is yet to consider the offer, it said.

Yes Bank shares fall 15 per cent

Rakesh Jhunjhunwala offer to invest $25 million has become doubtful due to uncertainty over the bank's capital raising...

12 Dec 2019 1:24 AM IST

The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

MFIs raise Rs 14,000 crore via securitisation in H1

The rise in securitisation is being driven by the inadequate funding available to NBFC-MFIs from conventional sources,...

12 Dec 2019 1:20 AM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

Move on to increase GST rates, cut slabs

At present, the 5 per cent goods and services tax (GST) slab includes essential commodities such as food items, footwear...

12 Dec 2019 1:17 AM IST

Home love in the form of food packed in Homecares lunch box will help you be productive, and you will earn the income to keep your dreams afloat.

Homecare: Perfect lunchbox solution this winter

The lunchboxes have made a permanent place amongst the consumers in comparison to its counterparts because of its...

12 Dec 2019 12:55 AM IST

Domestic passenger vehicle sales were up 6.38 per cent at 3,00,722 units in March as against 2,82,698 units in the same month last year.

Passenger vehicle retail sales up 1 per cent in November: FADA

Total sales across categories rose 2 per cent to 21,05,508 units in November as against 20,54,296 units in the same...

11 Dec 2019 4:51 PM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Sensex rises over 170 points in choppy trade

After swinging nearly 330 points, the Sensex finished 172.69 points or 0.43 per cent higher at 40,412.57.

11 Dec 2019 4:22 PM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold falls Rs 73, silver slides by Rs 89

In the international market, gold was trading at USD 1,464.8 per ounce, while silver was quoting at USD 16.62 per ounce.

11 Dec 2019 4:06 PM IST

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Vodafone Idea shares gain over 8 pc amid asset sale plan

On the BSE, the scrip after opening on a positive note further rose to Rs 7.08 apiece, up 7.9 per cent.

11 Dec 2019 12:56 PM IST

The Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export demand but it warned of risks from a potential China-US trade war.

ADB trims India's GDP growth forecast to 5.1 per cent in FY20

Asian Development Bank said growth should pick up to 6.5 per cent in the next fiscal year with supportive policies.

11 Dec 2019 11:55 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee rises 12 paise to 70.80 against US dollar in early trade

Forex traders said investors were optimistic about the US-China trade talks.

11 Dec 2019 11:16 AM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Sensex gains 74 points in early trade as crude oil eases

The appreciating rupee and mixed leads from other Asian markets too influenced sentiment, traders said.

11 Dec 2019 11:05 AM IST